BMO Capital Maintains Outperform on Linde, Lowers Price Target to $475
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst John McNulty maintains an Outperform rating on Linde (NASDAQ:LIN) but lowers the price target from $510 to $475.

May 06, 2024 | 1:59 pm
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BMO Capital maintains an Outperform rating on Linde but lowers the price target from $510 to $475.
The adjustment in price target by BMO Capital reflects a recalibration of expectations for Linde's stock, potentially due to market conditions or company performance insights. While the reduction in price target could suggest a tempered outlook, the maintenance of an Outperform rating indicates a continued positive view on the company's prospects. This mixed signal might lead to neutral short-term price movement as investors digest the implications of a lower price target against the backdrop of an overall positive rating.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100